At Personal Debt Support, we’ll help you take the first step in getting your finances back on track. We will listen to any financial issues you are currently experiencing and access your financial history. By understanding how you may have fallen into debt, we can help you plan for the future you want. If you are struggling financially and are unsure of where to turn to or what the next steps are, Personal Debt Support are here to help.
To get started, fill out our online form and one of our advisers will be in touch with you as soon as possible.
Fill out the form to let our team access if you qualify for one of our debt management solutions
The Debt Arrangement Scheme (DAS), was introduced by the Scottish Government in 2004. This is a legal debt management scheme to help individuals pay off their debt with fixed affordable payments.
A Protected Trust Deed is a legally binding form of debt relief solution that is available to people living in Scotland with £5,000 or more worth of unsecured debt.
A Debt Relief Order, or ‘DRO’, is an agreement that is put in place for those with little to no spare income, who don’t own their home and have a debt of £20,000 or less to deal with debts that cannot be paid off in a timely manner.
A Debt Management Plan, more commonly recognised as a DMP, is an informal solution designed to reduce the monthly overall payments towards your debts.
An Individual Voluntary Arrangement, more commonly known as an IVA, is a formal, legally binding debt solution between you and the people you owe money to, for example, your creditors. This generally takes place over a period of five years.
Sequestration is the Scottish legal term for bankruptcy and can allow for all of your current debts to be written off.